Swetha Ramachandran, investment director for luxury equities at GAM Investments, discusses the outlook for luxury goods, saying it is strongly linked to tourism due to the feel good factor travel brings, as well as tax and price differences tourists benefit from.
Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight
Ripple is confident U.S. banks will want to use its XRP cryptocurrency for cross-border transactions after a judge gave it a partial victory over the SEC.
What China’s resilient big spenders are buying and the stocks that benefit
Imagine a consumer base roughly the size of the adult U.S. population.
ETFs can still compete in ‘stock picker’s’ market, investor says
“A lot of money is moving into active ETFs, because it provides the benefits that you have from active management,” Avantis Investors’ CIO says.
Barbara Corcoran: You don’t need to ‘work your buns off to get rich’—here’s what to do instead
Many of today’s most prominent business moguls work themselves to the bone. That’s completely unnecessary, says millionaire investor Barbara Corcoran.
Home advantage? Why investors may want to avoid the international trade
CNBC’s “ETF Edge” tackles the relationship between the falling dollar and global markets.
Wells Fargo beats second-quarter expectations. Here’s what the pros are saying
Pros on CNBC discussed Wells Fargo after the bank beat earnings and revenue expectations for the second quarter.
Binance could lay off thousands as company buckles down for DOJ probe, source says
The crypto exchange plans to cut 1,500 to 3,000 workers total, a current employee familiar with the company’s plans told CNBC.
How you can save $500 or more on a flight to Europe this year
This summer is the priciest on record to fly to Europe. But waiting until fall could yield big savings.
Biden administration announces student debt forgiveness for 804,000 federal borrowers—here’s who qualifies
The Biden administration has now forgiven more than $116 billion in student debt. Here’s who qualifies for the latest round of forgiveness.